---
title: "UK mortgage approvals lowest since December 2023; diesel hits new record high near £2 a litre – business live"
slug: "grossbritannien-hypothekengenehmigungen-auf-tiefststand-seit-ende-2023"
date: 2026-09-29
category: tech-pub
tags: []
language: en
sources_count: 1
featured: false
publisher: AInauten News
url: https://news.ainauten.com/en/story/grossbritannien-hypothekengenehmigungen-auf-tiefststand-seit-ende-2023
---

# UK mortgage approvals lowest since December 2023; diesel hits new record high near £2 a litre – business live

**Published**: 2026-09-29 | **Category**: tech-pub | **Sources**: 1

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## TL;DR

UK mortgage approvals have fallen to their lowest level since the end of 2023. New Bank of England data shows only 54,918 home loans were approved in August on a seasonally adjusted basis, as rising borrowing costs deter buyers.

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## Summary

UK mortgage approvals have fallen to their lowest level since the end of 2023. New Bank of England data shows only 54,918 home loans were approved in August on a seasonally adjusted basis, as rising borrowing costs deter buyers. The average two-year fixed mortgage rate is 5.93 percent and the five-year fixed rate is 5.94 percent. Diesel prices also hit a new record high near 2 pounds a litre.

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## Why it matters

The average two-year fixed mortgage rate is 5.93 percent and the five-year fixed rate is 5.94 percent.

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## Key Points

- The average two-year fixed mortgage rate is 5.93 percent and the five-year fixed rate is 5.94 percent.
- Diesel prices also hit a new record high near 2 pounds a litre.

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## Nauti's Take

Fewer approvals could take some heat out of the UK housing market, giving cash-rich buyers a stronger negotiating position. The risk sits with borrowers facing refinancing near 5.9 percent and an economy squeezed by record diesel prices. This is only loosely AI-relevant, but anyone selling into the UK should plan for weaker consumer spending.

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## FAQ

**Q:** What is UK mortgage approvals lowest since December 2023; diesel hits new record high near £2 a litre – business live about?

**A:** UK mortgage approvals have fallen to their lowest level since the end of 2023. New Bank of England data shows only 54,918 home loans were approved in August on a seasonally adjusted basis, as rising borrowing costs deter buyers.

**Q:** Why does it matter?

**A:** The average two-year fixed mortgage rate is 5.93 percent and the five-year fixed rate is 5.94 percent.

**Q:** What are the key takeaways?

**A:** The average two-year fixed mortgage rate is 5.93 percent and the five-year fixed rate is 5.94 percent.. Diesel prices also hit a new record high near 2 pounds a litre.

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## Related Topics

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## Sources

- [Anthropic warns of ‘existential risks to humanity’ from AI; AstraZeneca makes $2bn cancer drug tie-up – business live](https://www.theguardian.com/business/live/2026/sep/29/anthropic-ipo-warning-existential-risks-to-humanity-from-ai-astrazeneca-2bn-cancer-drug-tie-up-diesel-stock-market-live-news-updates) - The Guardian AI

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## About This Article

This article is a synthesis of 1 sources, curated and summarized by AInauten News. We aggregate AI news from trusted sources and provide bilingual (German/English) coverage.

**Publisher**: [AInauten](https://www.ainauten.com) | **Site**: [news.ainauten.com](https://news.ainauten.com)

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*Last Updated: 2026-09-29*